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    1903 Kaufman Ave Palm Bay, FL 32908

    For Sale
    $40,000

    0.45-Acre Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 19,602 square foot commercial and residential land parcel presents a compelling investment opportunity in Palm Bay, Florida. Located at 1903 Kaufman Avenue SW, zip code 32908, this 0.45-acre lot is situated in Port Malabar Unit #53, a southwest area near the Compound. The property's zoning allows for both commercial and residential development, offering significant flexibility for future projects. Its strategic location within Palm Bay positions it to benefit from the area's projected growth and development. The asking price for this prime piece of land is $40,000. This represents a unique chance to acquire a substantial lot with considerable potential for return on investment. The property's size and versatility make it suitable for a range of development possibilities, catering to diverse investor needs and preferences. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to secure a valuable asset in a thriving Florida market. Don't miss this chance to capitalize on the future of Palm Bay. Serious inquiries only.

    Property Features for 1903 Kaufman Ave

    General Information

    Property type
    Land

    HighLights

    • 19,602 SF commercial/residential lot in Palm Bay, FL.
    • Located at 1903 Kaufman Ave SW, 32908, in Port Malabar Unit #53.
    • 0.45‑acre lot zoned for commercial and residential use.
    • Asking price: $40,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.71373
    Latitude
    27.952981

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    FAQs

    What type of property is this?
    Land - 0.45-Acre Lot, Prime Location
    Where is this land located?
    The property is located at 1903 Kaufman Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: 19,602 SF commercial/residential lot in Palm Bay, FL.; Located at 1903 Kaufman Ave SW, 32908, in Port Malabar Unit #53.; 0.45-acre lot zoned for commercial and residential use.
    Request Owner's contact information
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    Palm Bay, FL 32908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1903 Kaufman Ave Palm Bay, FL 32908
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